Expert Network Service Tegus Raises Series B from Family Office Capital

Posted on 11/30/2021

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Tegus, Inc. is a Chicago-based database service tracking transcripts of conversations between investors and industry experts. Tegus raised US$ 90 million in a Series B funding round that was co-led by Oberndorf Enterprises and family office Willoughby Capital. Oberndorf Enterprises and Willoughby Capital are both users of the Tegus service.

Tegus also has a service that connects investors with “custom-sourced” exports on a variety of topics. Expert networks are an attractive proposition for buy-side investors.

Tegus was founded in 2017 by twin brothers Michael and Thomas Elnick. Tegus claims to serve more than 1,000 customers. At the middle of 2018, Tegus relocated its headquarters from San Francisco to Chicago. Tegus signed a lease in April 2019 for the 14,195-square-foot property at 120 S. LaSalle Street that is owned by Toronto-based Slate Office REIT.

Tegus
Tegu is a common name of a number of species of lizards that belong to the families Teiidae and Gymnophthalmidae. Tegus are native to Central and South America. They occupy a variety of habitats and are known for their large size and predatory habits.